Being drunk while trading what was your experience

[Russlenat]

Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.

That is very risky to trade without your full focus and attention to your trades, and might only end up wasting your money on a lose trades. This is the most possible scenario when you do trading while you are highly influenced with alcohol. Although some might have managed to still win them, maybe because they are still not that affected by those liquors, but when alcohol hit you bad, you will lost your consciousness and ends up doing things wrongly. So don’t wait for it to happen to you, avoid trading while your mind is not on its full consciousness.

[Botnake]

An hour ago, I went out with a friend of mine and it happens to be a drinking hall (bear parlor) where he got drunk and as well trading.

You meant Beer parlor, right?

Are you sure you are alright, mate? 

The question is, can you trade while you are already drunk?

I don't think it's something that should be advisable, just like it is not advisable to operate machinery when under the influence of alcohol.

The fact is, once one is drank, the ability to make rational decisions is reduced. Proper decision-making is very vital in trading

Well I have never been in that condition before and I would never advise someone to trade while being drunk just as you have said. It was too hard for me to answer that was why I shared here to see the best answer so that I can get ready for more question. Note that this post is made for me to get proper answer so that whenever I meet with him again I can give him a reasonable answer.

Good thing you have never experienced that. Because as much as we want to do trading properly and be profitable, well that won’t happen if you are under the influence of an alcohol. Once you get drunk, you will feel dizzy and you can’t focus anymore on anything that you want to do. Besides, trading requires a lot of attention and good analysis, and drunk person can never achieve that.

[Distinctin]

You can still trade and be drunk at the same time. There's this type of drunk that knows what he's doing while someone who's drunk that he's already in other dimensions. So choose what type of drunk you're experiencing and if it's the latter part then don't spend and waste your money doing trades if it's too easy for you to throw money on an instant. But you know what's the best drunk and crypto stories that I've heard? It's about the legendary "I am HODLing" by gamekyuubi. (https://bitcointalk.org/index.php?topic=375643.0)

This has a point too. Being drunk does not literally mean that you can be wrong in what you are currently doing, some have still manage to make it right because they are not completely affected with the spirit of alcohol. But if you are highly drunk and forget the people around you, that’s worst, and trading this time could be very dangerous for you. That’s why if we can do trading without drinking, that would be better so we can achieve higher chances of getting successful.

[Fatunad]

You can still trade and be drunk at the same time. There's this type of drunk that knows what he's doing while someone who's drunk that he's already in other dimensions. So choose what type of drunk you're experiencing and if it's the latter part then don't spend and waste your money doing trades if it's too easy for you to throw money on an instant. But you know what's the best drunk and crypto stories that I've heard? It's about the legendary "I am HODLing" by gamekyuubi. (https://bitcointalk.org/index.php?topic=375643.0)

This has a point too. Being drunk does not literally mean that you can be wrong in what you are currently doing, some have still manage to make it right because they are not completely affected with the spirit of alcohol. But if you are highly drunk and forget the people around you, that’s worst, and trading this time could be very dangerous for you. That’s why if we can do trading without drinking, that would be better so we can achieve higher chances of getting successful.

There are people who does have high tolerance in alcohol which even if they are considered drunk but still they do be able to know on what are the things that they've been doing.
This is why they do really be able to proceed despite on the under influence of alcohol.Its true that it might be that the same but we know that having the influence of alcohol
is never been good.It makes every numb and you would be put up into a certain situation which you cant think up that well and thats why its never been recommendable
on having this way.

[lalabotax]

Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?

Luckily, never did it and I will never do it 
In my opinion, trading while drinking is like being in a dream, we cannot control ourselves to do as we do in the real life. However, if we are too drunk and cannot do good things consideration, taking decisions, and making some strategy while trading. This is too risky for me.
Except for someone who always says that being drunk makes them more focus on something, they maybe able to still focus on trading.
but for common people, this activity is done while drunk is very risky and not recommended.

[NicNacCoin]

I have never traded while drunk. And I have no experience of trading while drunk. Especially drunk people never seem normal. Because trading requires a healthy mindset. And in this case when a person gets drunk he loses his balance in that state. When a man trades out of balance he must lose his trade. Because trading requires a lot of attention and right decisions. And this right decision can never be taken by an unbalanced person. As a result he will definitely lose his business.

[harizen]

I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

Can you really understand the point of view of those who will respond that some can do trading even drunk? In the first place, you have never been to that experience and you might question how can they do that even under that state.

I myself, admit that I'm a heavy drunker but fortunately, I do still responsible for my actions regardless of what I'm doing.

But just to share with you a few expected feelings, if you are drunk, you are not afraid to do such actions. There's no feeling of being weak hands, being FUD, being carried away, being influenced and the decision always depends on what you think is right.

Just be ready once you wake up seeing some unexpected results of your actions. Whether good or bad, who knows?

[Viscore]

Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.

You can always trade even when you are drunk, but the chances of winning your trades is very rare as mostly end up losing them. Trading is quite hard and difficult to succeed, so if one trade without the ability to monitor the market consistently, he will always end up failing and lost his money. That’s exactly the reason why people only trade when their minds are active and fresh, and not that they are bothered and not in their whole self being.

[ultrloa]

Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.

You can always trade even when you are drunk, but the chances of winning your trades is very rare as mostly end up losing them. Trading is quite hard and difficult to succeed, so if one trade without the ability to monitor the market consistently, he will always end up failing and lost his money. That’s exactly the reason why people only trade when their minds are active and fresh, and not that they are bothered and not in their whole self being.

Nothing good will happen if you trade without having a good focus on what you are doing. Since trading while you are under the spirit of alcohol will result to bad because instead you can think about dropping some good decision making you end up became a risk taker and create bad decisions because sometimes alcohol will make you feel invulnerable. Better not to trade when drunk if we don't want to lose our money we can enjoy trading after the drinking session.

[goinmerry]

The question is, can you trade while you are already drunk?

Technically speaking, yes. We can trade while drunk. It now depends on how that person can still control his decision-making while drunk.

Besides, why curious about the feeling? Just avoid being drunk if you are not used to that kind of feeling. Much better if you won't do that.

It's the same as how I gambled. I can still do gambling while drunk as that was my favorite thing to do. Although in trading, I didn't experience yet doing focused trading while drunk, since I'm not even a day trader and my trading activity, is more of holding.

[KingsDen]

Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.

There's a big difference between drinking alcohol and still understanding what is happening in your environment and being drunk that you ate unable to detect what is happening in your environment.
I have seen people who doesn't work effectively if they don't drink. They have some kind of inspiration when they drink and work will be smooth going.
If anyone drinks and still understanding what is happening in the market, that is fine. But if they drink and their eyes become blur that they will not know the chart lines, they should avoid drinking and trading.

[Zilon]

I can't say for trading while drunk but i know one can still trade well if they are feeling a bit tipsy. My mentor back then while he taught me the basics of trading do require beer from us each time we lose a trade or made wrong analysis. And i can emphatically say it never affected his trades. I also tried it a few times and it never harmed mine as well. But been drunk i can't say about that because i haven't been in that shoe before

[GiftedMAN]

You can still trade and be drunk at the same time. There's this type of drunk that knows what he's doing while someone who's drunk that he's already in other dimensions. So choose what type of drunk you're experiencing and if it's the latter part then don't spend and waste your money doing trades if it's too easy for you to throw money on an instant. But you know what's the best drunk and crypto stories that I've heard? It's about the legendary "I am HODLing" by gamekyuubi. (https://bitcointalk.org/index.php?topic=375643.0)

This has a point too. Being drunk does not literally mean that you can be wrong in what you are currently doing, some have still manage to make it right because they are not completely affected with the spirit of alcohol. But if you are highly drunk and forget the people around you, that’s worst, and trading this time could be very dangerous for you. That’s why if we can do trading without drinking, that would be better so we can achieve higher chances of getting successful.

I can even imagine myself been drunk and trading at the same time. This can be a big disaster to our trade and if we are not lucky alone trading when drunk, we can use all the funds in our portfolio to enter the market and if the market goes against us then we might loose big. I will rather trade when I am okay and relaxed to enter the market than to trade the volatile market when I am drunk. This can cause a bigger problem to us. It can even lead to big loses without knowing how it all happens. It is good to trade when we are aware about what we are doing.

[maydna]

I can't trade when drunk because it will make me lose concentration in analyzing the market. If I were in a situation like yours, I would not be trading but enjoying the atmosphere with friends and would not force myself to look at the market. My feelings will be messed up if I keep trying to see the market, especially if the market changes direction, and that can make me have difficulty analyzing the market, and in the end, I just make a mistake. How about you? Can you make a profit or lose?

[Woodie]

Anything that requires you to have a sober mind to make a sober decision should remain at that. If you take alcohol, chances are high that you will make terrible decisions, and also lead you into not sticking to the trading plan which all ends up at actually gambling and not trading.

In more chances than usual, drunk trading will make you over trade thinking you are playing around in the actual sense you losing real money and not sticking to your risk management rules. Honesty, best you stay away from the charts.

[GeorgeJohn]

I can't trade when drunk because it will make me lose concentration in analyzing the market. If I were in a situation like yours, I would not be trading but enjoying the atmosphere with friends and would not force myself to look at the market. My feelings will be messed up if I keep trying to see the market, especially if the market changes direction, and that can make me have difficulty analyzing the market, and in the end, I just make a mistake. How about you? Can you make a profit or lose?

No trader can risk it funds and time to trade when it's under influence of alcohol, and so many others, I believe from my theory who is a trader can't go into Trading when its not comfortable, automatically I believe that trading have to do with  calculations and deep thinking for proper analyzing the market. So therefore I believe its not encouraging to be drunk before venturing into Trading, but it depends on the individual body chemistry as I portrayed before.

[irhact]

I can't trade when drunk because it will make me lose concentration in analyzing the market. If I were in a situation like yours, I would not be trading but enjoying the atmosphere with friends and would not force myself to look at the market.

I don't mix work with pleasure, when I'm working I concentrate on work so drinking and trading won't go alongside since trading to me is like me working as that's brings money. Alcohol does alot of damage to the human brain that when you're drinking you shouldn't be doing anything that can be considered a risk like trading or driving.

Trading is a risk since you can lose your money and you should be in your right senses when you're taking a decision that involves the risk of losing money, instead of a decision that's influenced by alcohol. A professional trader should never drank trade, it won't end up well.

[JoyMarsha]

When I am drunk, I make every effort to find a location to lie down so that I can at least keep my gadgets away from me by not operating on them because I know how messy I can be when I am drunk, let alone when I am trading.

Whether you can trade while drunk or not depends on your body. I have friends who, while drunk, behave intelligently and enthusiastically. They can effectively multitask while driving, trading, or performing any other duty. They appear to act that way because they have been using alcohol to build their bodies for a long time.

[Tony116]

You can still trade and be drunk at the same time. There's this type of drunk that knows what he's doing while someone who's drunk that he's already in other dimensions. So choose what type of drunk you're experiencing and if it's the latter part then don't spend and waste your money doing trades if it's too easy for you to throw money on an instant. But you know what's the best drunk and crypto stories that I've heard? It's about the legendary "I am HODLing" by gamekyuubi. (https://bitcointalk.org/index.php?topic=375643.0)

This has a point too. Being drunk does not literally mean that you can be wrong in what you are currently doing, some have still manage to make it right because they are not completely affected with the spirit of alcohol. But if you are highly drunk and forget the people around you, that’s worst, and trading this time could be very dangerous for you. That’s why if we can do trading without drinking, that would be better so we can achieve higher chances of getting successful.

There are people who does have high tolerance in alcohol which even if they are considered drunk but still they do be able to know on what are the things that they've been doing.
This is why they do really be able to proceed despite on the under influence of alcohol.Its true that it might be that the same but we know that having the influence of alcohol
is never been good.It makes every numb and you would be put up into a certain situation which you cant think up that well and thats why its never been recommendable
on having this way.

Not to brag, but I'm a huge drinker, and like you said: I'm still in control and know what I'm doing when I'm drunk. But I can confirm that when we have been drinking, our actions and gestures will never be as precise and accurate as when sober. Therefore, I am against trading when we are already drinking especially drinking too much, we will lose more money than we gain. My brother is a barber, he gets more skilled and creative with a bit of alcohol, but that doesn't work in highly focused jobs like trading.

[gabbie2010]

The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk iand as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I never trade being drunk, but I can guess you will get bad result and lost. Because i ever playing card with my friend while drunk, I can't thing realistic and clear to put my card on table. My friend always win even have a bad card, with my experience, i really sure trader while drunk will not be able to trade with clear thinking and always lost even bullrun.

This is an interesting topic imagine after getting drunk by  placing a long trade instead of short trade due to loss of senses the end point will lead to rekting of the account, how will such a trader analyze a trading setup and take decision positively thus it is not advisable to drink while trading to avoid getting drunk and avoid incurring massive losses, well I never read any story of any drunkard trading successfully without any consequences of losing or incurring massive losses except if such a drunkard is lucky the trade went in his direction unfortunately this can't be done consistently.